However, some want core to be monitored as well, MPC should be given leeway to choose target
After a year of high inflation-low growth, a sharp dip in food inflation tames the headline number
It isn't just protein diet and cereals that are becoming expensive despite bumper output the past few years; even personal care products and recreation have surprisingly become very costly
Consumer spending fell in real terms in 2017-18, its first decline in four decades, Business Standard reported Friday.
But core inflation, which excludes the volatile components of food and fuel, stood at 3.3 per cent in October; this is its lowest in eight years
Nomura estimates the annual core rate could rise as much as 60 basis points